GLOBAL markets were shaken yesterday as fears returned that governments will not manage to save the Eurozone.So we're back to square one. And when S & P downgrades France's AAA rating, we'll be in full crisis mode once again. Will it never end?
The honeymoon period that followed last week’s euro deal proved all too brief, making way yesterday afternoon for a show of bitter disappointment from traders.
Stocks fell sharply, peripheral Eurozone economies saw their bond yields soar towards the “danger zone” again, and the euro dropped as investors fled risky assets once more.
13 December 2011
Keeping on keeping on
That didn't take long. All that anguish last Thursday night, the spats, the name-calling, the bladder control. For what? Nothing very much, it appears. City AM reports: